Bullshit, he's "transferring" his wealth to his own charity for tax reasons...
It's a trick to protect his money for his children.
this post was submitted on 09 May 2025
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Not according to the opening sentence?
The Gates Foundation plans to give away $US200 billion ($313 billion) over the next 20 years before shutting down entirely in 2045
Sure. The Gates Foundation gives the money to the Totally Not A Tax Dodge foundation which quietly pays the Gates kids as much as they want. I'm sure it will be more elegant than that, but that's the basic grift.
Meanwhile, Gates uses his reputation as a philanthropist, and all the soft power from controlling billions to further his own interests and cement his personal philosophy as the only option.
The charity means that the American people have no control at all over how the money is spent, so the plebians have to beg at their door for money to be used in the way that Gates says it must be used.
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Lol
Bill gates isn't actually going to do this....
Yeah
Like the idiots who think philanthropy is an acceptable compromise to a fair society.
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I'm with you 100%.
Your "nothing wrong" includes frequent trips to Epstein's island. 😬
I guess I'm just a crazy online Leftist for not thinking a nice donation to NPR is enough to even out molesting kids. I guess you want to give him a tote bag?
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Yeah, don't fucking care. He already enjoyed it, and he's told us for years he doesn't give a shit about his kids inheriting all his wealth.
Want to make a difference Bill? Don't wait 20 years. Give it all away right now, to Washington State and its charities. (Don't worry that money would immediately go to into the greater economy.)
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Why wait, just do it already.
Individuals hoarding wealth is bad for society.
Because he wants to benefit personally from his wealth and be seen as a good person.
And the idiots will keep eating it up
I mean, 99% of his wealth gone still leaves him with over a billion dollars. Might be more of a logistics and planning issue.
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Do you have a comprehensive plan on how to immediately spend 200Bn USD evenly and fairly only to the most impoverished people on earth in such a way that maximises longterm benefit more than spreading it out over 20 years?
Also, if you sell off 200Bn USD worth of stocks in a day then you're not going to make 200Bn USD off the sales.
you seem to be all over the thread defending gates. Do you really think this is how a good willed person helps people? by preventing vaccine patents, and using impoverished kids for testing.
He's creating pathway to funnel his money where he wants it, his own family, with least criticism, and defended by short sighted stringent followers like you.
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Bill Gates looks so old these days.
On the upside, he's 69 years old. Noice funny number.
Get fucked with a rusty rake bill, you helped stop the COVID vaccines from being patent exempt, among plenty of other awful shit, all for more money.
The vaccines were patent exempt, WTO adopted it officially in 2022, which the Gates Foundation endorsed shortly after Bill's initial objection.
2022...I wonder how many people died to protect corporation's profits in two years of a global pandemic.
The first US full non-emergency-use approved vaccine was Pfizer-BioNTech in August 2021.
Patent laws aren't something they implemented to stop the vaccines, its the default stance which they, including the Gates Foundation, pushed to change for the greater good.
Give it away now instead you piece of shit. If he actually gave a shit he would have donated it all to charities already. It's just a billionaire farse, fuck him and the rest of em.
he actually gave a shit he would have donated it all to charities already. It's just a billionaire farse,
Just not his own goddamned ~~tax avoidance scheme~~ charity
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